As investigations unfolded, authorities traced the assault back again to North Korea?�s infamous Lazarus Team, a state-backed cybercrime syndicate that has a long heritage of targeting financial institutions.
Cold storage: A significant portion of consumer cash were being stored in cold wallets, which might be offline and considered significantly less susceptible to hacking attempts.
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After the licensed personnel signed the transaction, it read more was executed onchain, unknowingly handing Charge of the cold wallet over into the attackers.}